Chronosphere launches with $11M Series A to build scalable, cloud-native monitoring tool

Chronosphere, a startup from two ex-Uber engineers who helped create the open-source M3 monitoring project to handle Uber-level scale, officially launched today with the goal of building a commercial company on top of the open-source project. It also announced an $11 million investment led by Greylock, with participation from venture capitalist Lee Fixel. While the […]

Robocorp announces $5.6M seed to bring open-source option to RPA

Robotic Process Automation (RPA) has been a hot commodity in recent years as it helps automate tedious manual workflows inside large organizations. Robocorp, a San Francisco startup, wants to bring open source and RPA together. Today it announced a $5.6 million seed investment. Benchmark led the round, with participation from Slow Ventures, firstminute Capital, Bret […]

Datameer announces $40M investment as it pivots away from Hadoop roots

Datameer, the company that was born as a data prep startup on top of the open-source Hadoop project, announced a $40 million investment and a big pivot away from Hadoop, while staying true to its big data roots. The investment was led by existing investor ST Telemedia . Existing investors Redpoint Ventures, Kleiner Perkins, Nextworld […]

Databricks announces $400M round on $6.2B valuation as analytics platform continues to grow

Databricks is a SaaS business built on top of a bunch of open-source tools, and apparently it’s been going pretty well on the business side of things. In fact, the company claims to be one of the fastest growing enterprise cloud companies ever. Today the company announced a massive $400 million Series F funding round […]

Alteryx acquires machine learning startup Feature Labs

Alteryx, a publicly traded analytics company, announced this morning that it has acquired Feature Labs, a machine learning startup that launched out of MIT in 2018. The company did not reveal the terms of the deal. Co-founder and CEO Max Kanter told TechCrunch at the time of the launch the company had been based on […]

Streamlit launches open-source machine learning application development framework

Streamlit, a new machine learning startup from industry veterans who worked at GoogleX and Zoox, launched today with a $6 million seed investment and a flexible new open-source tool to make it easier for machine learning engineers to create custom applications to interact with the data in their models. The seed round was led by […]

Netdata, a monitoring startup with 50 year old founder, announces $17M Series A

Nearly everything about Netdata, makers of open source monitoring tool, defies standard thinking about startups. Consider that the founder is a polished, experienced 50-year old executive, who started his company several years ago when he became frustrated by what he was seeing in the monitoring tools space. Like any good founder, he decided to build […]

How founder and CTO Dries Buytaert sold Acquia for $1B

Acquia announced yesterday that Vista Equity Partners was going to buy a majority stake in the company worth a $1 billion. That would seem to be reason enough to sell the company. That’s a good amount a dough, but as co-founder and CTO Dries Buytaert told Extra Crunch, he’s also happy to be taking care […]

FOSSA scores $8.5 million Series A to help enterprise manage open-source licenses

As more enterprise developers make use of open source, it becomes increasingly important for companies to make sure that they are complying with licensing requirements. They also need to ensure the open sources bits are being updated over time for security purposes. That’s where FOSSA comes in, and today the company announced an $8.5 million […]

ScyllaDB takes on Amazon with new DynamoDB migration tool

There are a lot of open source databases out there, and ScyllaDB, a NoSQL variety, is looking to differentiate itself by attracting none other than Amazon users. Today, it announced a DynamoDB migration tool to help Amazon customers move to its product. It’s a bold move, but Scylla, which has a free open source product […]